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Despite difficult conditions: Thuringia attracts many investments

Before we start the new year with renewed energy, let's take a look back at the results of 2022. Despite the difficult global situation caused by war, energy crisis and pandemic-related restrictions, Thuringia achieved good results last year in attracting new companies and expanding existing ones, thus creating jobs.
The premium industrial park “Erfurter Kreuz” in Arnstadt.

The premium industrial park "Erfurter Kreuz" in Arnstadt. Image: LEG Thüringen, Photographer: Heiko Wagner, Erfurt

A total of 35 companies have invested €614 million, securing or creating more than 2,600 jobs. These include major investments such as the premium hotel in Oberhof and the expansions of Marquardt and N3 (all featured in this issue), as well as numerous other projects investing in innovative sectors, research initiatives, or focusing on energy efficiency, conservation, and the decarbonization of processes and products. Investors include companies like Desay SV Automotive (development center for prototype vehicles and 3D antenna measurement chamber), IBMiX (software development), and Papacks (plastic-free packaging), to name just a few. "Thuringia has held its own in international competition, even under challenging conditions," explains Dr. Arnulf Wulff, authorized signatory and department head. "Our locational advantages have been decisive in many cases, including Thuringia's unique location, its high level of technological expertise in business and research, and, last but not least, its high quality of life, which is becoming increasingly important in times of skilled labor shortages." (maa)

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